The paranoia about interference from the West is worrying — but it may also be justified.

Long-term instability in Iran is an alarming prospect for western countries keen to resolve disputes over the country’s nuclear programme and other contentious issues. But continuing political weakness in Tehran is also likely to produce the opposite effect — increased regime concern about external attempts to interfere, destabilise, and exploit its vulnerabilities. This paranoid trend threatens unpredictable, even dangerous consequences – but may be justified.

Israel’s invasion on Gaza could be the most significant event yet on the global political calendar. It overshadowed the Christmas festivities of the past year, blurred the New Year celebrations and threatens to diminish the most anticipated Obama inauguration on January 20. Indeed, the only item to look for in Obama’s inaugural speech is likely to be his views on the massacre of Palestinians.

His legendary oratory notwithstanding, Obama will have a tough time telling the world and the American people that the change he promised was around the corner. The world looks much gloomier than that night when he accepted his election.

By 2p.m. on Wednesday this week, 879 Palestinians, largely women and children had been confirmed dead by official sources. Another 4,698 had been injured in the continuing Israeli bombardment that started on December 19, 2008.